BALBTC- Potential for 20% jump?BAL has had a bit of a rough go, much like the rest of the market, in recent times.
Up until a few days ago, clear descending channel.
It had a breakout then got stopped at very firm support turned resistance. I've got a feeling we might see a jump back up here in the next week or so.
INDICATORS
MACD has a bullish divergence right now and just fought off a cross into bearish.
Stoch on the uptick but has room to grow.
Volume decent volume spike on last resistance retest, steadily diminishing volume otherwise.
EMA we're below EMA 100 & 200 on the 4H chart. Tends to be a good sign of a rebound up to around there when you start seeing a reversal.
TP's:
#1 - 0.00153
#2 - 0.0017
SL: 15% Max. If it breaks down through the historic support it'll be in trouble.
--
“Chances don't approach you, it's you who approach chances." - Toba Beta
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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Loveit
3rd Touch of My...... What were you thinking...trend line and key level, love confluence. So I'm in a short down to the first key level, then I will be placing a buy. Again 2 positions minimum with two different take profits. Want to know more for free about my strategy just message x
NANO XRB (raiblocks) - Takes a Lickin' and Keeps on Tickin'Ok... so this is more about my deep love for Nano then it is about this chart.
I'm still a novice with Elliot Wave projections and/or Elliot Waves in general...
and this is prolly way off from what is to come, but what the heck.
Don't taze me bro!
I think NANO is the Jerry Garcia of cryptos. You can never count it out. Like Jerry who might seem to be having a bad night, but then plays a solo so profound you start crying. You could never count Jerry out. He had a way of rallying on rough nights. And the same goes for nano.
It got it's ass kicked by the Bit Grail hack... but comes on back like it always does.
I got into it on Dec.11 when it was #74 on coinmarketcap, with 100,000,000 market cap, was still called Raiblocks, and for me was $1.06/0.00005999 satoshi.
It has been my best performing alt coin in pure profit. Even more then the litecoin I scored at $80 before it went vertical.
Even today, after it's struggles... the $200 of btc profit I threw at it is worth $2,716. No other coin I hodl has performed as well or as fast.
I discovered it during a coin market cap bloodbath day, where everything was in the red and many coins bleeding percentages over 20%.
All of them!
And there was Raiblocks, all in the green, up 28%, and with an extremely steady diagonal 7 day growth line,
and showing nowhere near the volatility that you could see in all the other 7 day windows.
So I checked it out, and was impressed by the tech and the community, At the time there was like ZERO youtube shilling on it.
It was the great unknown sleeper.
Between Dec. 12 and Jan. 6th... it moon shot up to $36.00... over 30x gain for me. It climbed up to #22 on coin market cap,
with a Market Cap of over 3 Billion.
When it calmed down, it was holding pretty steady around $20 when the the whole market tanked.
And then to top it off, the Bit Grail fiasco knocked it down to approx $8 bucks.
But since then it has regained some momentum, hanging out around $15 to $16... and I expect it to continue to climb.
When it goes down... I just know it will come back up... usually sooner then later.
I could go on about the tech... but you can find that many other places now. I just wanted to give a shout out to a coin I truly believe in.
I actually LOVE this coin, and it remains my fave of them all.
If you've never really looked into it, or thought it was a Pump 'n Dump or whatever... give it a thorough vetting.
I think it's still a bargain at $15. One of the things I like... it's circulating supply is the TOTAL supply. 133,248,289.
That's all there is, and all there ever will be. It has more room to stretch then all those coins like Cardano or Tron with 25 or 65 BILLION already in circulation and more waiting in the shoot!
Thanks for reading all this if you did. Again... not sure about my chart... but I DID want to share my love for raiblocks/NANO.
Cheers!
usd peso long if we dont break previous lows Good morning everyone
So looking at this market I have shown why I choose to enter this market, showed you were my stop loss is and using supply and demand and pitchfork with a couple projection tools this is my analysis of the peso so far. if the buyers hold the market here you can see a tp blowing up with a 1 to 9 risk to reward. If we go south and blow through this previous level then I will have to reanalysis where this correction will finish before reentering long .
Kris
www.mymentortv.com
Facebook: mymentortv
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comments or questions always welcome
aud usd analysis before the news Good morning everyone
I will be going through at least ten pairs today giving you my thoughts and analysis and why I feel the way I do on each analysis. Today looked at Aud usd from a friend of mine who pointed this one out. I can see this market going back into where the buyers were first dominant plus I like to buy stuff cheaper than retail price: so my if then statement is such:
if this market continues downward and pushes to the level I suggested where buyers are dominant and if the market reverses in that area showing me through price action, candles and other tools then I will be buying into this market , which I will post for everyone here. We do have news which can be a factor and can exaggerate the market so if positive this market may perhaps sky rocket to tp or if negative push a touch further down to that double bottom area on the left. Overall once this market hits my alarm for the area if it goes into then we will check back on it and see from their
your friend Kris
www.mymentortv.com
EUR USD WILL She keep going higher is the question Good evening everyone
well the Euro Usd has had a good rally up and at the time hit a couple key levels: one its hit the median line on my weekly pitchfork so a reaction of some nature will take place that's given, secondly its hit my target for going down, this market I still see in play to the long side and eventually tp2 and higher could be hit if the market keeps breaking the higher levels that the euro has been facing.
Kris
www.mymentortv.com
EURJPY - LONG BIOSgood day so far for EJ, Rsi was 17 on the daily and this pair is in serious need to a correction to the upside, very high risk as there are a lot of news coming next week both from europe and from japan
